Contra Voucher

Introduction Voucher:

A voucher is the primary entry of documents for recording daily transactions. Transaction recording and analysis are greatly facilitated by having specific formats for different types of transactions. Tally provides 16 different predefined voucher formats or what it calls predefined types of vouchers. These are used for recording various transactions. A payment voucher is used for all types of payments, a receipt voucher for all types of money receipts, a sales voucher for recording sales transactions, and so on.

The predefined voucher types can be displayed as follows:

Ø       Gateway of Tally

Ø       Display

Ø       List of Accounts (<Ctrl>+<V> [Voucher Types])

Classification of vouchers & their Shut Cut Keys:

1.       Journal voucher               F7

2.       Contra voucher                          F4

3.       Payment voucher             F5

4.       Receipt voucher               F6

5.       Sales voucher                   F8

6.       Purchase voucher             F9

7.      Memo voucher                  F10

Types of vouchers

Tally is pre-programmed with a variety of accounting vouchers, each designed to perform a different job. The standard vouchers are:

Ø       Payment voucher

Ø       Receipt voucher

Ø       Contra voucher

Ø       Sales voucher

Ø       Sales Orders

Ø       Sales vouchers/invoices

Ø       Delivery Notes

Ø       Rejection In

Purchase voucher

Ø       Purchase Orders

Ø       Purchase vouchers

Ø       Goods Receipt Notes

Ø       Rejection Out

 Journal voucher

Ø       Credit Notes

Ø       Debit Notes

Ø Ø      Journal

You can alter these vouchers to suit your company, and also create new ones. For example, if you wish to distinguish between cash and bank payments you can create vouchers to do this.

1. Contra Voucher:-(It is use to those transitions which contains cash/bank both Dr & Cr side )

Ø      E.g. Cash deposited in to bank Rs 20,000

Ø      Bank A/C                               20,000 Dr

Ø      To Cash A/C                          20,000 Cr

(Narration:- Being cash deposited in to Himalayan Bank Thamel)

1. Deposited in to Nepal bank in tandi Rs 30,000

2. Amount Withdraw by any purpose for private or personal or domestic use Rs 1000

3. With draw Rs 1000 from Nepal Bank for Personal Use.

4. Draw Rs 2000 From Nepal Bank for office use.

(Being amount with draw from Nepal bank for office use)

5. Last year again deposited in to Nepal Bank Rs 500 .

( Being cash deposited in to Nepal Bank)

2. Payment Voucher:-(It is use to pay amounts for different parties or expenses by cash/bank)

E.g. Salary paid for staffs Rs 12,000

 Salary A/C                            12,000 Dr,

 Cash A/C                              12,000 Cr,

(Being salary paid for staff for the month of August)

3. Receipt Voucher:- (It is use to recording amounts received from different parties. Transition in receipt voucher like this)

 E.g. Cash received from Ram trading com. Rs 10,000

 Ram trading com A/C                    10,000Cr

  Cash A/C                                   10,000 Dr,

4. Sales Voucher :-(It is use to record those transitions which is  use to record to sales on  cash/bank & all credit  sales transition are  entered in sales voucher)

 E.g. Goods sold Ram Trading com Rs 5,000

Ram Trading com A/C 5,000 Dr,

To sales A/C                      5,000 Cr,

(Narration:-Being goods sold on credit to Ram treading com.)

5. Purchase Voucher :-( It is use to record purchase of goods only for sales purpose.)

Computer purchase Rs 25,000

computer A/C                               25,000 Dr,